By this same approach, the EU should be charging a 109/427 = 26 /2 = 13% tariff on US services.
Reposted from
ian bremmer
[1/2] this is…incredibly stupid
eu: $235.6bn surplus, $605.8bn exports, 235.6/605.8 = 39% claimed tariffs charged
indonesia: $17.9bn surplus, $28.1bn exports, 17.9/28.1 = 64% claimed tariffs charged
eu: $235.6bn surplus, $605.8bn exports, 235.6/605.8 = 39% claimed tariffs charged
indonesia: $17.9bn surplus, $28.1bn exports, 17.9/28.1 = 64% claimed tariffs charged
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